LIC MF Small Cap Fund Direct Growth

LIC MF Small Cap Fund Direct Growth

Equity

LIC Mutual Fund

Small-Cap

Get the latest NAV of LIC MF Small Cap Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹31.51

▲4.2%1D

NAV as on 12 May 2025

15.66%/per year

Since Inception

Absolute Gain%

▲▼

1136 people have invested ₹ 43.4L in LIC MF Small Cap Fund Direct Growth in the last three months

LIC MF Small Cap Fund Performance vs. Nifty Smallcap 250

Fund returns vs Benchmark returns vs Category Average returns as on (12-May-25)

The fund has outperformed the benchmark (Nifty Smallcap 250) over 1Y, but underperformed over 3Y, 5Y.

Period
This Fund
Nifty Smallcap 250
Category Avg
1 Month
2.61%
6.07%
6.11%
3 Months
-0.05%
4.21%
3.84%
6 Months
-11.07%
-8.79%
-7.75%
1 Year
8.67%
3.84%
7.34%
3 Years
23.1%
24.12%
23.57%
5 Years
34.08%
35.67%
35.55%

LIC MF Small Cap Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

15
/18
44% Performance
26% Risk Management
8% Cost

Ranked 15 out of 18 mutual funds in the small-cap category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
LIC MF Small Cap Fund
15/18
518Cr
0.97%
8.67%
23.1%
15.66%
Bandhan Small Cap Fund Direct Growth
1/18
9,516Cr
0.5%
17.97%
33.1%
34.14%
Nippon India Small Cap Fund Direct Growth
6/18
58,029Cr
0.74%
6.13%
28.49%
25.16%
Quant Small Cap Fund Direct Growth
7/18
26,222Cr
0.68%
1.59%
29.72%
17.98%
See all
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Beats FD returns for both 3Y & 5Y
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Highly volatile within category
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Poor track record of Recovering losses quickly
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5Y returns in the bottom 25% of the category

LIC MF Small Cap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

0

Profit

Total Corpus

0

Absolute Return
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LIC MF Small Cap Fund Asset Allocation

See fund asset allocation details as on (15-Apr-25)

Fund Distribution

as on (15-Apr-25)

Equity 96%

Debt & Cash 4%

Small cap
80%
Mid cap
11.8%
Large cap
2.8%
Large Cap allocation has gone up from 2.8% to 2.9%
Large Cap allocation has gone up from 2.8% to 2.9%
Small Cap allocation has gone down from 81.6% to 80.9%
Small Cap allocation has gone down from 81.6% to 80.9%
Mid Cap allocation has gone up from 10.6% to 10.8%
Mid Cap allocation has gone up from 10.6% to 10.8%
Cash allocation has gone up from 3.2% to 4%
Cash allocation has gone up from 3.2% to 4%

LIC MF Small Cap Fund Sector Allocation

See fund sector allocation details as on (15-Apr-25)

Sector Allocation

Equity 96%

Debt & Cash 4%

Industrial
38.9%
Consumer Cyclical
13.2%
Basic Materials
12.7%
Health
7.4%
Tech
6.2%
Consumer Defensive
5.9%
Utilities
5.5%
Financial Services
4.5%
Real Estate
3.4%
Communication
2.4%

Top 3 Sectors in March were Industrial, Consumer Cyclical & Basic Materials

Mar'25

Industrial

38%

Consumer Cyclical

18%

Basic Materials

11%

Feb'25

Industrial

35%

Consumer Cyclical

17%

Basic Materials

14%

LIC MF Small Cap Fund Holdings Details

as on (30-Apr-25)

Equity

Top Stocks bought last month
Enviro Infra Engineers Ltd's allocation increased from 0.44% to 2.19%
Enviro Infra Engineers Ltd's allocation increased from 0.44% to 2.19%
Johnson Controls - Hitachi Air Conditioning India Ltd's allocation increased from 1.5% to 1.94%
Johnson Controls - Hitachi Air Conditioning India Ltd's allocation increased from 1.5% to 1.94%
Ramkrishna Forgings Ltd's allocation increased from 1.74% to 2.18%
Ramkrishna Forgings Ltd's allocation increased from 1.74% to 2.18%
Top Stocks sold last month
JTL Industries Ltd's allocation decreased from 3.78 % to 3.12 %
JTL Industries Ltd's allocation decreased from 3.78 % to 3.12 %
International Gemmological Institute (India) Ltd's allocation decreased from 2.85 % to 2.64 %
International Gemmological Institute (India) Ltd's allocation decreased from 2.85 % to 2.64 %
Navkar Corp Ltd's allocation decreased from 2.34 % to 2.26 %
Navkar Corp Ltd's allocation decreased from 2.34 % to 2.26 %

LIC MF Small Cap Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.97%
Benchmark
Nifty Smallcap 250 TR INR
AUM₹518 Cr
Inception Date21 June, 2017
Min Lumpsum/SIP₹5000/₹200
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
684.33%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About LIC MF Small Cap Fund

LIC MF Small Cap Fund Direct Growth is an equity fund. This fund was started on 21 June, 2017. The fund is managed by Nikhil Rungta. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. LIC MF Small Cap Fund Direct Growth has ₹518 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

LIC MF Small Cap Fund Direct Growth has given a CAGR return of 15.66% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.67%, 23.10% and 34.08% respectively.

Holdings

LIC MF Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Basic Materials, Consumer Defensive, Utilities, Financial Services, Health, Tech, Communication, Real Estate, Energy. Its top holdings are Sanathan Textiles Ltd, JTL Industries Ltd, Housing & Urban Development Corp Ltd, Manorama Industries Ltd, TD Power Systems Ltd

Taxation

As it is a small-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of LIC MF Small Cap Fund Direct Growth

The Investment objective of the Scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Small Cap companies. However there can be no assurance that the investment objective under the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Small Cap Fund Direct Growth has no lock in period.

Fund Manager

Nikhil Rungta

Fund Manager of LIC MF Small Cap Fund Direct Growth, since 1 July 2024

Learn more about LIC Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 493.7 Cr
₹ 433.6 Cr
₹ 491.4 Cr
  • AUM of the fund stands at 493.7 Cr as of Mar'25
  • AUM increased by 60.1 Cr between Mar'25 and Feb'25

Compare LIC MF Small Cap Fund

LIC MF Small Cap Fund

VS

Nippon India Small Cap Fund Direct Growth

Frequently Asked Questions for LIC MF Small Cap Fund Direct Growth

What is the current NAV of LIC MF Small Cap Fund Direct Growth?

The current NAV of LIC MF Small Cap Fund Direct Growth is ₹31.51 as on 12-May-2025.

What are the average returns of LIC MF Small Cap Fund Direct Growth?

Existing (Absolute + CAGR) as on 12-May-2025.
LIC MF Small Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.61%
2.61%
6 Month Returns
-11.07%
-11.07%
1 Year Returns
8.67%
8.67%
3 Years Returns
86.55%
23.1%

How do I invest in LIC MF Small Cap Fund Direct Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of LIC MF Small Cap Fund Direct Growth?

0.97% as on April 2025

What is net assets under management (AUM) of LIC MF Small Cap Fund Direct Growth?

₹518 Cr as on April 2025

What are the top 5 holdings of LIC MF Small Cap Fund Direct Growth?

Sanathan Textiles Ltd(3.25%), JTL Industries Ltd(3.14%), Housing & Urban Development Corp Ltd(3.07%), Manorama Industries Ltd(2.84%), TD Power Systems Ltd(2.73%) as on April 2025

What are the top 3 sectors that this LIC MF Small Cap Fund Direct Growth has invested in?

Industrial(34.47%), Consumer Cyclical(18.99%), Basic Materials(9.6%) as on April 2025

What is the alpha of LIC MF Small Cap Fund Direct Growth?

The alpha ratio for the LIC MF Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
LIC MF Small Cap Fund Direct Growth
6.53
0.64
3.33
As on April 2025
The alpha for LIC MF Small Cap Fund Direct Growth is calculated against Nifty Smallcap 250 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.

What is the beta of LIC MF Small Cap Fund Direct Growth??

The Beta ratio for the LIC MF Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
LIC MF Small Cap Fund Direct Growth
1.07
0.89
0.79
As on April 2025
The Beta for LIC MF Small Cap Fund Direct Growth is calculated with Nifty Smallcap 250 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.

What is the sharpe ratio of LIC MF Small Cap Fund Direct Growth?

The sharpe ratio for the LIC MF Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
LIC MF Small Cap Fund Direct Growth
-0.02
0.61
1.37
As on April 2025
The sharpe ratio for LIC MF Small Cap Fund Direct Growth is calculated with Nifty Smallcap 250 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.

What is the standard deviation of LIC MF Small Cap Fund Direct Growth?

The standard deviation for the LIC MF Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
LIC MF Small Cap Fund Direct Growth
26.08
19.46
17.81
As on April 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.

What is the Sortino ratio of LIC MF Small Cap Fund Direct Growth?

Sortino ratio is 0.9 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

Who is the manager of LIC MF Small Cap Fund Direct Growth?

Nikhil Rungta is the fund manager of LIC MF Small Cap Fund Direct Growth

What is the exit load of LIC MF Small Cap Fund Direct Growth?

The Exit load of LIC MF Small Cap Fund Direct Growth is 1%